ETF Weekender: Flows Hit $600 Billion. But Is Passive Out of Control?
- Date: 13-Sep-2021
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
ETF Weekender: Flows Hit $600 Billion. But Is Passive Out of Control?
(Bloomberg) -- Welcome to the ETF Weekender, your round-up of the biggest and most interesting stories from the hottest corner of Wall Street.
The week may have been shortened by a holiday but it still managed to pack in plenty of action, from a crypto selloff to a Soros-BlackRock spat and more. Amid economic worries and delta variant fears, nerves are on display everywhere — yet for all the noise, both stock gauges and the ETF market actually seem to be holding up fairly well.
In this week’s edition: Flows hit a new milestone, an outspoken strategist argues passive is taking control, and Janus Henderson goes green.